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Baumer Acquires Majority of Waaree Instruments Ltd

Monday, November 8th, 2010

Baumer Acquires Majority Of Waaree Instruments Ltd. In India

Mumbai, 4 November 2010 - The Swiss Baumer Group, one of the
leading global manufacturers of sensors and sensor systems, today
announced that it has acquired the majority of Waaree Instruments
Ltd., one of India’s leading suppliers of process control
instruments. The company is part of the Indian Waaree Group, a
family enterprise based in Mumbai. Financial terms of the deal were
not disclosed.

“The acquisition will boost our activities on the Indian
subcontinent. It complements the international expansion strategy
of Baumer and is an excellent opportunity to strengthen our process
instruments business,” states Dr. Oliver Vietze, Chairman & CEO of
the Baumer Group. “Waaree Instruments is an established player in
India with a widespread Indian distribution network and
state-of-the-art manufacturing facilities. This will improve our
ability to meet local customer requirements, speed up our local
delivery and to timely react to the dynamic and growing Indian
market.” With the acquisition, Baumer will achieve a leading
position in the Indian market.

Baumer started its Indian business in 2007 with a sales company
based in Pune, initially focusing on the factory automation sector
with its Sensor Solutions, Motion Control and Gluing System
activities. It was expanded with Baumer’s Process Instrument
portfolio in 2009. Market activities in India of both, Baumer and
Waaree, will be aligned within the next months. The acquisition
creates a benefit for local customers as they can select from a
broader portfolio of mechanical and electronic Process Instruments.
Over the past years, Baumer has successfully implemented its policy
of establishing itself as a global company with strategic local
representations.

About the Baumer Group:
Baumer is a leading international manufacturer of sensors and
sensor systems for factory and process automation. The family-owned
company is headquartered in Switzerland (Frauenfeld) and employs
more than 2,000 people worldwide in 35 locations and 18 countries.
The long-lasting success is built on high customer focus as well as
the innovative and diversified product range of the five product
segments Sensor Solutions, Motion Control, Vision Technologies,
Process Instrumentation and Gluing Systems. For further information
please refer to www.baumer.com.

Polyhose India starts new PTFE hose Plant

Thursday, December 10th, 2009

Hello,

Below are the excerpts of some of the latest news developments
happening with POLYHOSE.
—————————————–

INDIAN EXPRESS

Another feather in Polyhose India’s cap
R Rajagopal First Published : 10 Dec 2009 02:09:00 AM IST

CHENNAI: Polyhose India Private Limited, manufacturers of high
pressure thermoplastic, industrial and PVC hoses, added another
feather in its corporate cap by opening the state-of-the-art
vertical extrusion PTFE (Polytetrafluroethylyn) hose plant at
Kelambakkam near Chennai on Wednesday.

The PTFE hose plant, the only one of its kind in the country, would
act as a onestop shop for high quality hoses which could find
applications in automobiles, space vehicles and aviation industry,
said Y J Shabbir, Group Managing Director, Polyhose India Private
Limited.

Speaking to this correspondent at the Kelambakkam facility, Shabbir
said that Polyhose acquired EXIT SA of Switzerland and all its
subsidiaries in Germany, Poland, UK, Sweden, US, Australia and
Korea and this had made the company to have a distinct advantage in
the hose industry at the global level through its distribution
centres strategically located in Europe.

“The PTFE hose plant, inaugurated by Sakina Yousuf Ali
Jamnagerwala, is going to be the best in the world in terms of
quality and other parameters,” Shabbir said and added that 80 per
cent of the products would be exported to several developed and
developing countries, including the UK, Germany, the US, Spain,
Taiwan, Burma, Sri Lanka, Singapore, Malaysia and the Gulf. He also
said that the plant established at a cost of Rs 15 crore, all
through internal accruals, could manufacture 2 million metres of
hoses per annum with the three extrusion units already in place
which might get doubled with the provision of three more extrusion
units very soon.

The function also saw a huge contingent of delegates from various
countries at the Kelambakkam plant site.

Marc Whibley, Vice-President, EXIT SA, exuded confidence that the
new PTFE hose plant would fulfill the demands of the industry with
the supply of quality products for various types of applications,
all matching global standards.

—————————————–

THE ECONOMIC TIMES

Polyhose India starts new plant in Chennai at a cost of Rs 15 cr
9 Dec 2009, 2021 hrs IST, ET Bureau

CHENNAI: Polyhose India has launched a vertical PTFE
(poltetrafluroethylyn) hose plant at Kelambakkam in Chennai with an
investment of Rs 15 crore. The hoses find application in
automobiles, space vehicles and aviation. The company has plans to
make tubes for the medical application in the near future.

Expecting a turnover of Rs 150 crore this year, the company said it
hopes to achieve Rs 200 crore next year and Rs 280 crore by
2011-12. Polyhose set up its plant at Kelambakkam in 1997 for
producing high pressure thermo-plastic hose.

In 2006, Polyhose India ( rubber) was set up on 12 acres at Sipcot
complex at Sriperambadur. In 2007, it formed a JV with Rapisada SA,
Italy, a fully owned subsidiary of Caterpillar Inc, US.

A company release said a large part of its production is exported
to developed markets. This year, Polyhose India acquired EXIT SA,
Switzerland and all its subsidiaries in Germany, Poland, UK,
Sweden, US, Australia and Korea.
—————————————–

SHABBIR COCHINWALA
FOR ACTRADE CORPORATION
(Authorised distributor for POLYHOSE)

Welcome – From Actrade Corporation

Saturday, October 17th, 2009

Hello,

Welcome to our Email Newsletter Series from Actrade Corporation.

Our Intention here is to communicate with our Prospective Customers and Ongoing Customers regarding Our Product offerings, Special Offers, Schemes, New Launches, etc.
From time to time we also intend to circulate some technical documents relating to our Product Series involving Hydraulic Hoses, Hydraulic Fittings, Instrumentation Fittings, Instrumentation Items like Pressure gauges, Temperature Gauges, etc.

If you do not want to recieve any emails from us , you can unsubscribe using the link at the bottom of this email. But I assure You there will be no SPAM messages and your time reading our emails will be worthwhile.

Wait for our next Email.

Regards
Shabbir Cochinwala
For Actrade Corporation